People do not realize that there are hidden dangers in small business and especially franchises. You stay in a failing franchised business much longer because of a concept called sunk costs. Sunk cost… more →
FranchiseFoolsunflowerluv wrote 2 months ago: I have recently read an article in Project Management Today magazine, about being involved in projec … more →
joetheflow wrote 6 months ago: When making a choice between two options, only consider what’s going to happen in the future, … more →
rodgerv wrote 6 months ago: Seth Godin had another brief, biting post about sunk costs, as the number one thing they teach you i … more →
7sabnism wrote 6 months ago: I read an interview with L&T Chief AM Naik in ET today. L&T was outbid by TechMahindra in th … more →
bloodyfranchise wrote 7 months ago: Many of you have faith in the system. This is why you bought into a franchise, are looking at buyin … more →
militaryhomeschooling wrote 8 months ago: School-at-home When people hear the word ‘homeschool,’ the picture that comes to mind is … more →
Les Stewart wrote 9 months ago: People do not realize that there are hidden dangers in small business and especially franchises. You … more →
capdiver wrote 10 months ago: A prerequisite for value generation through knowledge is the proper identification of an employee … more →
Aristotle The Geek wrote 1 year ago: Mint has a good column on why sunk costs should not influence future decisions. The concept of sunk … more →
Les Stewart wrote 1 year ago: Franchisor to franchisee: OR: Les the new poo-extraction technology will cost you $100. EE: So the n … more →
midmull wrote 1 year ago: Did he just totally ignore the concept of “sunk costs” at 2:16? What the hell? I’m … more →
Tormod Haugen wrote 1 year ago: There are those games you just never get to finish, but you still play them. You do not play them be … more →